How Maintenance, Repair and Operations (MRO) Inventory Optimization Can Reduce Cost and and Free Up

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Within the current global environment, maintenance repair and operations (MRO) management has become an absolute priority for asset-intensive businesses in Energy, Manufacturing, Oil and Gas and Transportation.  Companies managing millions of dollars in spare parts inventory face the challenge of stocking the right inventory to meet business needs while balancing excessive inventory and the impact to Working Capital.

Successful MRO inventory optimization can increase equipment reliability and service levels, minimize unplanned downtime, achieving greater efficiencies across business operations.

IBM's MRO Inventory Optimization (MRO IO) solution, integrates with Maximo to assist businesses make informed decisions balancing cost and risk to optimize spare parts inventory.

In this session you will discover:
  • How an optimized spare parts inventory can free-up Working Capital accelerating you company's digital transformation
  • Real life examples of how companies were able to achieve a 20% reduction in carrying costs and optimize their inventory by 30-35% in one year
  • How to realize immediate business value and achieve 100-400% ROI in the first year of deployment


Presenters:
Jeremiah Woodford, IBM Global Sales Leader MROIO
Jeromy Risner, IBM Senior Global Pre-Sales Leader MROIO


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When:  Aug 12, 2020 from 12:00 PM to 01:00 PM (ET)

Contact

Tanvi Kakodkar

kakodkat@in.ibm.com